Ron Paul VS lack of understanding

[zxcvbob]

So, you've heard of him? [Jeremiah] 

At least RP hasn't been thrown down a well yet.  (not literally, anyway)

[MicroBalrog]

Keep going.  Nothing you haven't seen before in proto-fascist states.

So you're not willing to make any predictions, staying purposefully vague so you cannot be proven wrong?

[longeyes]

I think we dealt with this once before.  :)

I'm not in the prediction business.  I can only look at the trend and extrapolate.  I don't think it's any mystery where Obama is taking America, do you, really? 

[MicroBalrog]

I think we dealt with this once before.  :)

I'm not in the prediction business.  I can only look at the trend and extrapolate.  I don't think it's any mystery where Obama is taking America, do you, really? 

Yes, and it's not towards a social collapse and people fighting in the streets.

[Ron]

While the tea party, congressional election rebuff to Obama and the growing support for RP is encouraging.

I'm not sure the American folks have gotten their democracy good and hard enough yet to actually change the status quo.

[TommyGunn]

Yes, and it's not towards a social collapse and people fighting in the streets.

And you know this.....how?   
I am not worried about people fighting in the streets.  But Obama's economic policies are failures.  We are 15.2  TRILLION dollars in debt and it is now as big as our gross domestic product.
This is NOT sustainable and we will soon be unable to service our debt.  We can't "grow ourselves out of the debt" because we're stuck in one of the slowest "recoveries" in this country's history.
We are certainly headed for an economic collapse if nothing else.  I think many people may have a hard time distinguishing a "social" collapse from an economic one, actually if it comes to that, no one is going to give a d@mn.

[MicroBalrog]

We can't "grow ourselves out of the debt" because we're stuck in one of the slowest "recoveries" in this country's history.

Recovery is speeding up. And I suspect will continue to, unless Europe falls over.

[TommyGunn]

Recovery is speeding up. And I suspect will continue to, unless Europe falls over.

No one in the economics field is expecting it to speed up enough to help.   
Europe falling over is a real possibility but I don't think we need to see it happen for TSTHTF.

[Jamisjockey]

And you know this.....how?   
I am not worried about people fighting in the streets.  But Obama's economic policies are failures.  We are 15.2  TRILLION dollars in debt and it is now as big as our gross domestic product.
This is NOT sustainable and we will soon be unable to service our debt.  We can't "grow ourselves out of the debt" because we're stuck in one of the slowest "recoveries" in this country's history.
We are certainly headed for an economic collapse if nothing else.  I think many people may have a hard time distinguishing a "social" collapse from an economic one, actually if it comes to that, no one is going to give a d@mn.

At this point, option most likely to happen is hyperinflation.

[TommyGunn]

At this point, option most likely to happen is hyperinflation.

+10000000000000000

[brimic]

Yes, and it's not towards a social collapse and people fighting in the streets.

It will go that way once the currency collapses.
Plus Obama and his minions never miss an opportunity to push more class/race envy and devisiveness.
All its going to take for everything to go downhill really fast will be an incident where someone stands up to a criminal flash mob with firepower.

[MicroBalrog]

So, by what date do you predict hyperinflation? How do you define hyperinflation?

[TommyGunn]

So, by what date do you predict hyperinflation? How do you define hyperinflation?

Google Weimar Republic.  They had hyperinflation.  When?  Why do you insist we have a crystal ball?

[MicroBalrog]

Google Weimar Republic.  They had hyperinflation.  When?  Why do you insist we have a crystal ball?

You are suggesting an outlandish claim: that Barack OBama will lead to the downfall of the Republic within 4 years.

Because of the nature of such claims, I want to know if you genuinely believe what you say.

The simple way to check if a person believes his own claim is to ask him to make specific, falsifiable predictions, so that, within 4 years, you can see for yourself whether your prediction came true.

[zxcvbob]

+10000000000000000

10000000000000000 doesn't go as far as it used to.

[brimic]

You are suggesting an outlandish claim: that Barack OBama will lead to the downfall of the Republic within 4 years.

You are correct about that.
Obama is not the problem, but a symptom of a much bigger underlying problem.
If our country's economic system were healthy we'd be able to weather out 8 years of Obama.
Lets just say that our monetary system has full blown AIDS and Obama is pneumonia.

[Jamisjockey]

+$10000000000000000

Trying to buy a double cheesburger?

[TommyGunn]

You are suggesting an outlandish claim: that Barack OBama will lead to the downfall of the Republic within 4 years.

Because of the nature of such claims, I want to know if you genuinely believe what you say.

The simple way to check if a person believes his own claim is to ask him to make specific, falsifiable predictions, so that, within 4 years, you can see for yourself whether your prediction came true.

I was pointing out where you could learn what hyperinflation is through example.  Why do you (apparantly) think Obama is such a good influence on the economy?

[MicroBalrog]

I was pointing out where you could learn what hyperinflation is through example.  Why do you (apparantly) think Obama is such a good influence on the economy?

The fact that I said America's economy is growing at an accelerating rate does not mean I credit Obama for this.

[makattak]

The fact that I said America's economy is growing at an accelerating rate does not mean I credit Obama for this.

Accelerating is a VERY liberal use of the definition the word. Yes, a man in a walker is accelerating as he moves from 1.3 kph to 1.8 kph... but I don't generally call that "accelerating".

[MicroBalrog]

Accelerating is a VERY liberal use of the definition the word. Yes, a man in a walker is accelerating as he moves from 1.3 kph to 1.8 kph... but I don't generally call that "accelerating".

3% growth in Q4, outpacing Q3 growth of 2%. And we're probably going to see better at Q1 this year.

[TommyGunn]

3% growth in Q4, outpacing Q3 growth of 2%. And we're probably going to see better at Q1 this year.

You are aware (probably not but I'm ever the optimist) that most economists believe a 5-6% growth rate is necessary before we will recover from the recession we're in? 

[makattak]

3% growth in Q4, outpacing Q3 growth of 2%. And we're probably going to see better at Q1 this year.

I'll wait for the final analysis, at which point they will downgrade that to 2 (as they downgraded all the other initial projections.)

[longeyes]

Yes, and it's not towards a social collapse and people fighting in the streets.

Well, you're right, we have a choice: either collapse/social anarchy or the trains running on time and blissful serfs. 

If massively adding debt, stifling the economy, and playing fast and loose with the Constitution isn't pushing America to the brink I don't know what would be.

[MicroBalrog]

I'll wait for the final analysis, at which point they will downgrade that to 2 (as they downgraded all the other initial projections.)

2.8%. Not 2.